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The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India. The news site reports that the value of transactions … Read more
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India. Go to Source Powered by WPeMatico
Indian banks are reluctant to work with crypto firms, even though RBI clears the air. Go to Source Powered by WPeMatico
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. Go to Source Powered by WPeMatico
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia. Go to Source Powered by WPeMatico
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. The ban lasted for almost two years. RBI … Read more
Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework. Go to Source Powered by WPeMatico
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. Go to Source Powered by WPeMatico
From the renowned crypto VCs like Tim Draper to big-time exchanges like Binance — India’s crypto space is going through a post-ban rebirth Go to Source Powered by WPeMatico
Tim Draper believes that India’s crypto sector is on the edge of a “renaissance” following the Supreme Court’s reversal of the RBI ban Go to Source Powered by WPeMatico
